Stock markets bounce on China rate cut | Business

London’s leading stock market index bounced this morning as it managed to claw back pretty much all of yesterday’s losses. The export-heavy FTSE 100 rebounded 132.50 points, or 1.8 per cent, to 7,435.05 after China cut a key borrowing rate for mortgages in a move that boosted sentiment at the …

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MARKET REPORT: Flutter and Entain soar on Blackstone deal

London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone.  Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …

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Royal Mail’s Fleet of Drones

Everyone knows that the shipping industry is in trouble. Rising fuel costs, a growing e-commerce business, and an ageing fleet of ships all point to a sector in crisis. According to the World Maritime Council (WMC), by 2023, the global shipping industry will lose almost $200 billion due to increased …

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Herefordshire company buys ambulance to support Ukraine

A HEREFORDSHIRE company has received a special visit from a Ukrainian TV crew to highlight their support for the war-torn country. R.J Barrington Ltd, from Leominster, has spent the last couple of months making and selling sunflowers to raise funds for an ambulance to take essentials to people who need …

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